Karl`s PC Help Forums Last active: Never
Not logged in [Login ]
Go To Bottom

In memory of Karl Davis, founder of this board, who made his final journey 12th June 2007

Printable Version | Subscribe | Add to Favourites   Post new thread Poll:
Author: Subject: Republican healthcare plan: 24 million people could lose coverage, CBO reports
Underwater Plumber


Posts: 32767
Registered: 9-5-2004
Location: Scotia
Theme: Iconic
Member Is Offline

Mood: fact me

[*] Post 506930 posted on 13-3-2017 at 21:22 Reply With Quote
Republican healthcare plan: 24 million people could lose coverage, CBO reports


As many as 24 million Americans risk losing health coverage over the next decade under the Republican plan to replace the Affordable Care Act, popularly known as Obamacare, the nonpartisan Congressional Budget Office reported.
By 2026, an estimated 52 million people would be uninsured if Congress enacts the healthcare proposal, compared with 28 million who would lack insurance that year under current law, according to the report. President Donald Trump, who supports the legislation, vowed that the plan would provide “insurance for everybody”.
The congressional analysts estimate that the Republican healthcare proposal could reduce the federal budget by $337bn over 10 years, with largest savings would come from cuts to the federal Medicaid program and “Obamacare” tax credits for people who buy insurance individually.

View User's Profile View All Posts By User
Undercover MOD


Posts: 32767
Registered: 19-11-2004
Location: Riverton, South Australia
Theme: Windows XP Silver
Member Is Offline

Mood: Gone crazy, Back soo

[*] Post 506933 posted on 14-3-2017 at 07:14 Reply With Quote

Makes you glad to live under British rule. :D rather than the "land of the free" (Sic.)
View User's Profile View All Posts By User
Knowledge of Ages


Posts: 32681
Registered: 14-10-2004
Location: Illinois
Theme: KF Blue (Default)
Member Is Offline

Mood: pensive

[*] Post 506937 posted on 15-3-2017 at 02:16 Reply With Quote

The CBO report has two major problems which lead to its mistaken conclusions:

First, as mentioned in the article, it only takes into account the first of three parts to be enacted. It is like drawing the conclusion that the new car to be purchased will not run, because it has no gasoline in the tank, when in fact the purchaser will put in gasoline before driving it off the lot.

The second problem is that any comparison to Obamacare which ignores the fact that Obamacare is in a death spiral is unrealistic. Obamacare has driven up the cost of health insurance, which leads people to drop their coverage (unless they have expensive medical conditions), which leads insurance companies to raise their rates to make up for those who have quit, which leads more people to drop their coverage because they can't afford the higher rates. . . . Several states only have a single health insurance company still writing policies. More harm will come to a greater number of people if Obamacare is allowed to collapse on its own, instead of compassionate intervention to help the people who cannot afford the upward spiral of health insurance costs.
View User's Profile View All Posts By User
Post new thread Poll:

Guest Notice
You are a guest, as a guest you can only see a maximum of 3 posts per thread.

If you want to see the rest, please click here to register.